Replies to post #160015 on Avid Bioservices Inc (CDMO)

[InternetForumUser]

EBS..

Great insight and it absolutely makes sense. Though, I have no idea about the conversion rate but based on what I have read, I believe we will find out tomorrow.

I am going to research more about the 424B5 and see if I can find one that was dated longer than 2 days from the Preliminary to Final.

[stoneroad]

Better be at least that or they may be looking at another suit.

[chenzo11]

So your guess is a 7-8 to 1 conversion rate. I think before this dilution PR, we all would have been happy with that. But now we ask ourselves is 10% dilution worth the 7-8 to 1 conversion rate?

Throw in the impending options issuance and tomorrow could be crazy. I'll be trading to better position myself for the run I believe will come. PPHM is a very dangerous stock to be married to, just ask the long timers who are. It is much better to just date her

EBS, I appreciate all your posts, however crazy some may be. I'll decide which I will believe and which I will not, but you always make me think. And your post on shorting against the box was perfectly explained in a layman's terms. Im sure a lot have learned from that post.

Thank you

Chenzo

Edit: It is much better to just date her (for now)